Everyone is different and everyone is willign to pay something different, to get what they want. The major obstacle to selling is going to be the fact that the sale will have to be cash, as no bank will touch it. For a no major frame damage car, I would say list it at 70% and be prepared for it too take months to sell, cause your waiting for someone with more then $10k to come around, and most people interested in a salvage titled car are idiot kids anyways, with no money. Your in a tough place.

I bought my car as a theft recovery salvage. I knew when I bought it resale would be a challenge (the CL ad had been up for a month), but I didnt care. If you wanna sell it quick, dont expect much more then $7k.

 

Do you even know what you are talking about?
People do this for living, buy and sell cars from the auction. If it didn't work, auto salvage auctions wouldn't exist.
I bought my s2k for $4700 from the auction, so what if it has a rebuilt title. I have put over 50,000 miles with no issues. I probably saved about 7-10k for not buying a clean title one. Does that make me an idiot?

 

So would that make you an "idiot kid with no money". considering your car is salvaged?

 

A clean title car with those specs is worth more than $10k, I'd guess ~$15k. I'd say list it at 12-13 and take any offer over 10. If the documentation is good enough then you can probably do OK on the deal. It's pretty clear some of us won't go near a salvage title based on the wide range of opinions you are getting, but there is a market out there.

 

Im sorry I didnt mean to offend.

To answer you, I should have said many of the people interested in salvage cars are not idiots, but unprepared for what to look for. I atleast bought my first two salvage vehicles because I had nowhere near enough to by the clean titled vehicle. I realize many buy them for racing, restoring, or just saving money purporses (I'm in the last now)

I have owned 4 now, and my first salvage purchase was terrible as I was stupid and didnt look into it (2008 CBR600RR that ended up having a cracked frame hidden inside the fork tube/bearing area, never buy site unseen!).

Since that I learned to scrutinize. I bought a 94 miata that had a tweaked front frame/headlight area, didnt care, for $1000 it ran great. Same for a 2007 Yamaha R6, nothing but trashed plastics which I replaced. I looked my S2000 over closely and there where no signs of anything more then cosmetic, so I bought it.

Anyways the point Im making is that in buying and selling a fair number of cars/bikes at this point, I have found that vehicles in our price range can be a challenge to sell, because they are often over 10 years old, usually over 100000 miles, yet still have a value around $10k +, which realistically puts it into loan territory. Throw in a Restored salvage title and your SOL for anything but a personal loan. So basically, its wait for someone to give you $10-$11k, the cars real value (I know for a fact my current car was on craigslist for over a month, I had been sorta tracking it), or be prepared to get lowballed.

Again sorry If I offended, I realize as a one month S2000 owner as of today, I should keep the mean words to myself.

 

Im sorry I didnt mean to offend.

To answer you, I should have said many of the people interested in salvage cars are not idiots, but unprepared for what to look for. I atleast bought my first two salvage vehicles because I had nowhere near enough to by the clean titled vehicle. I realize many buy them for racing, restoring, or just saving money purporses (I'm in the last now)

I have owned 4 now, and my first salvage purchase was terrible as I was stupid and didnt look into it (2008 CBR600RR that ended up having a cracked frame hidden inside the fork tube/bearing area, never buy site unseen!).

Since that I learned to scrutinize. I bought a 94 miata that had a tweaked front frame/headlight area, didnt care, for $1000 it ran great. Same for a 2007 Yamaha R6, nothing but trashed plastics which I replaced. I looked my S2000 over closely and there where no signs of anything more then cosmetic, so I bought it.

Anyways the point Im making is that in buying and selling a fair number of cars/bikes at this point, I have found that vehicles in our price range can be a challenge to sell, because they are often over 10 years old, usually over 100000 miles, yet still have a value around $10k +, which realistically puts it into loan territory. Throw in a Restored salvage title and your SOL for anything but a personal loan. So basically, its wait for someone to give you $10-$11k, the cars real value (I know for a fact my current car was on craigslist for over a month, I had been sorta tracking it), or be prepared to get lowballed.

Again sorry If I offended, I realize as a one month S2000 owner as of today, I should keep the mean words to myself.
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Yeah, I get you.
I see rebuilt s2k's all the time, on craigslist for months. I just think if everything checks out, you should go for it if you have no plans on resale. Some of the deals are tempting, tho.

 

1. I have bought rebuilt titles for decades; I had a friend who did the work, and when I moved from Marietta, OH to Indy, I found 2 other people who did this.
2. I usually bought for about 30% less than retail with a rebuilt title, and since I kept my cars for 4-6 yrs., when I sold it, people knew I wasn't just getting rid of a bad rebuild, and so it didn't hurt resale much.
3. I didn't buy a rebuilt MR2 once, with only 10k miles on it, b/c I didn't know enough aabout the work (he called me 3 wks. later when he realized my offer of 30% less was fair, but I'd bought a new MC by then, but 3 yrs.later I almost bought the car again when I realized the ad was for the same car, but I found out I'd outgrown it, and didn't buy, even though I intended to when I left the house.

 

My daily driver is a salvage title which I fixed myself. I've also sold many salvage cars which I fixed or sold as is. Just as there are plenty of people that wont buy a salvage title car, there are plenty of buyers that are willing to pay good price for a salvage car, as long as you're honest with them regarding what was damaged and replaced.

OP, list the car for whatever price you feel its worth.

 

Thats what my plan is, but i just wanted to gauge the feeling to make sure i am not being unreasonable. And the wide ranges between KBB and Edmunds basically made them a complete waste of time. I know the car is worth more to me than it will be to someone else. I know the work was done right and in the short time ive owned it ive cared for it well, and judging from the condition of the car, well, other than the damage caused by inappropriate vehicular rotation at the point of disappearing sobriety, the previous owned did also. To previous posters concerned with underlying damage to suspension or drivetrain components, does anyone have a suggestion for how i should test for them? It doesnt pull, either under acceleration, braking, or coasting. No grinds, no noises from the diff, transmission or engine. The steering wheel lines up with the wheels (ie, wheels are straight when wheel is straight) I want the next owner to have a great time with this car and not keep worrying if its going to fall apart on them.

And as a personal note on salvage vehicles, from the short time ive spent looking at these cars, salvage or not depends on insurance levels and where that insurance co gets an estimate for fix. I have seen roll overs with bent windshield frames and every panel trashed, with clean titles because the owner had minimums on their insurance and didnt have liability covered. Im hoping the lower than usual mileage will draw in sellers and that by being open about what was damaged and how it was fixed will help. I know its not going to be an easy sale.

 

General rule is 50-60% of the value of a clean car. The two biggest roadblocks are:

1) Seller will also own a vehicle with a severely reduced resale value when they are finished with the car (vicious cycle)
2) As previously noted, quality of work is an unknown and some stuff like airbags tend to be fairly important...I would want to know for sure that my car had them!

If there are fewer S2000s in your area and yours is really clean, maybe 70% of clean car value if you are willing to wait.